The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.60274 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.60582 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60799 |
| 2nd High | 0.60651 |
| Next High | 0.60582 |
| Current Price | 0.60329 |
| Next Low | 0.60274 |
| 2nd Low | 0.60061 |
| 3rd Low | 0.59914 |
0.60582 – 0.60571 – 0.60651 – 0.60274 – 0.60353 – 0.60061
Trading Signals: FOREX – NZD – NZD/USD – USD – Southern Doji